Published: Jan 26, 2026 at 19:50
Updated: Jan 26, 2026 at 20:58
Chainlink’s (LINK) price has slipped below the moving averages while remaining in a sideways trend.
Chainlink price long-term analysis: ranging
LINK has been trading within a range since November 21, 2025, when it fell to a low of $11.59. The cryptocurrency is currently trading above the $11.00 support and below the $14 resistance level. Buyers have made four attempts to push the price above the moving average lines, but resistance at $14 has held.
The price has fallen below the moving averages, although it remains above the $12 support. Price movement has been stagnant, with Doji candlesticks appearing above the lower end of the range.
Technical indicators:
Chainlink price indicators reading
Since November 17, price bars have fluctuated both below and above the horizontal moving averages. On the 4-hour chart, the price bars are below the downward-sloping moving averages. The 21-day SMA continues to impede upward movement. The altcoin’s bullish trend will resume once the 21-day and 50-day moving averages are breached.
That is the next move for Chainlink?
Chainlink is currently trading sideways above the $11 support. On the 4-hour chart, the altcoin is in a tight range above the $12 support and below the 21-day SMA barrier. If this range persists, the price will soon either rebound or decline. For example, a break above the 21-day SMA could push the altcoin past the 50-day SMA, or to a high of $13.
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.
Source: https://coinidol.com/chainlink-remains-in-tight/
